D-Wave launches performance update to existing quantum computer, teases next-generation system
D-Wave Systems Inc, a quantum computing startup, unveiled a performance update to its existing quantum system, as well as a…
Canadian Startup News
Company behind digital payout service Tipstoday adds $8.5 million via private placement
XTM, Inc., the company behind digital tip payout service Tipstoday, closed an oversubscribed non-brokered private placement…
Nuvei files for initial public offering on Nasdaq
Just over a year after going public on the Toronto Stock Exchange (TSX), Nuvei has filed for an initial public offering in…
Coconut Software on growth trajectory with $28 million CAD Series B funding
With its newest round of $28 million CAD in Series B funding, Coconut Software has raised $39.4 million to date as the startup…
TrafficDriven, Train Fitness, Moment Energy secure podium at 2021 New Ventures BC Competition
A trio of Vancouver-based companies have finished top three at New Ventures BC’s 21st annual tech startup competition, beating…
Dapper Labs acquires Brud as part of plan to form new DAO-focused business unit
Vancouver’s Dapper Labs has acquired Los Angeles-based Brud for an undisclosed amount, in its first acquisition of a venture-backed…
OSC announces new members for Small Business Advisory Committee
Tim Babcock, the vice president of the TSX Venture Exchange; Kay Schonberger, an associate at RBC Capital Markets in mergers…
Venture Newfoundland and Labrador fund raises $16.3 million CAD, announces new hires
Venture Newfoundland and Labrador (Venture NL) II raised the first $16.3 million of its planned $30 million CAD, led by the…
Peak completes acquisition of Cubeler to launch North America expansion
Canadian Securities Exchange-listed Peak has completed its acquisition of fellow Montréal FinTech startup Cubeler for $1 million…
The Property Brothers invest in Properly as part of new partnership
Proptech startup Properly has landed a couple of like-minded, celebrity investors. Real estate television personalities Drew…
Clearco commits $100 million AUD, adds former Google exec as part of Australian expansion
Clearco has officially expanded to Australia, its fourth international market to date, as the Toronto-based startup sets its…
Sandpiper Ventures closes first $10 million of its $20 million CAD target fund
As of September, Sandpiper Ventures has closed the first $10 million of its planned $20 million CAD fund dedicated to investing…
Interac acquires rights to SecureKey’s Canadian contracts to fuel digital ID services
Interac has entered into an agreement with Toronto-based authentication company SecureKey to acquire exclusive rights to its…
AutoLeap revs up growth with an $18 million Series A funding round
AutoLeap just got a jump start with an $18 million Series A funding round, announced October 1. Bain Capital Ventures led the…
Lightspeed dismisses report from activist investor critical of company’s metrics
Lightspeed Commerce has dismissed a report from an American short-seller alleging the e-commerce company had inflated key metrics…